138 Bracken Rd Montgomery, NY 12549
Single-tenant industrial facility in Montgomery, NY, leased to Cintas.
- Added:
- May 20, 2026
- Days on Market:
- 54
- Last Refresh:
- Jun 30 at 12:51 pm
Property Features for 138 Bracken Rd
General Information
- Standard status
- Active
- Size
- 12,928 SF
- Lot size
- 2.09 Acres
- Property subtype
- INDUSTRIAL
Listing office SAB (646) 809-8856
Listing date May 20, 2026
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SAB
Investment Insights
Based on property information with market context.
Key Highlights
- Mission‑critical, single‑tenant industrial facility 100% leased to Cintas Uniform Services
- Over seven years of remaining lease term expiring June 30, 2033, with 2.5% annual rent escalations
- NN+ lease structure with limited landlord responsibilities (roof and structural components)
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $243.6k | $18.84 |
| − Vacancy | −$11.7k | −$0.90 |
| EGI | $231.9k | $17.94 |
| − OpEx | −$81.2k | −$6.28 |
| NOI | $150.7k | $11.66 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Barbecue Specialists — 886 NY-17K, Montgomery, NY 12549